Indoor Location System is used to track the location of an object or people within a building，specializing in next-generation mobile solutions and new customer experiences, including indoor location-based services, mapping & way finding, in-store product search, BLE beacons proximity services, and mobile payments.
Indoor Location System is confined to a very limited geography; hence, it uses only wireless networks such as Wi-Fi and wireless local area networks (WLAN), which cover a small area. In addition, Indoor Location System requires high accuracy to determine the position of the object or device. As a result, indoor LBS uses positioning technologies based on Wi-Fi, WLAN, ultra-wide band (UWB), Bluetooth, assisted global positioning system (A-GPS), microelectronic mechanical system (MEMS), and other hybrid technologies to determine the location of the searched object.
In 2018, the global Indoor Location System market size was 450 million US$ and it is expected to reach 8870 million US$ by the end of 2025, with a CAGR of 45.1% during 2019-2025.
This report focuses on the global Indoor Location System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Indoor Location System development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Network-Based Location System
Independent Location System
Hybrid Location System
Market segment by Application, split into
Offices and Commercial Buildings
Government, Public Safety and Urban Security
Travel and Hospitality
Academia and Education
Oil, Gas and Mining
Manufacturing, Distribution and Logistics
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Indoor Location System status, future forecast, growth opportunity, key market and key players.
To present the Indoor Location System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Indoor Location System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.